The Difference Between Invoice Financing and Factoring

Many people who have sought alternative lending possibilities have come across the terms ‘invoice financing’ and ‘invoice factoring’, and consider them to be interchangeable. While they are similar, they are not quite the same thing, and there are a few... Read More

How Medical Factoring Can Fund a Hospital

Small and midsize hospitals often experience difficulties with cash flow due to the slow payment of claims by insurance companies. Sometimes hospitals may not receive the funds from claims until 30 to 180 days have passed. In the meantime, they... Read More

Tips for Boosting Your Work-Life Balance

Whether you’re an entrepreneur, small business owner or employee, having a good work-life balance can be difficult. Being successful at work can make you forget about other areas of your life, but in order to be fulfilled, you need relationships... Read More

What’s the Difference Between Physician Loans and Medical Factoring?

When medical practices encounter difficulties with cash flow, a number of options to remedy the situation are available. Two of the most common are physician loans and medical factoring. Here are summaries of each type of funding possibility and the... Read More

Benefits of Using Business Lines of Credit

Business lines of credit are a highly sought-after financing option. This post looks at why by going over the benefits they provide. Flexible Withdrawals As opposed to loans, which typically deliver a lump sum of money, business lines of credit... Read More

The Right Business Assets to Use as Collateral for a Loan

It’s common for lenders to require applicants for business funding to offer some type of collateral before they will approve a loan. If you default on the loan, the lender can sell your asset to recoup some of its losses.... Read More

How Planning Can Be the Secret Ingredient for Innovation

Sometimes the difference between a person succeeding or failing at business comes down to simple innovation. Being an innovative business owner means that you think about trends that have not yet hit the marketplace but that have the potential to... Read More

Why Crowdfunding Can Be a Myth

Starting any business requires a lot of planning, footwork, and salesmanship. Unfortunately, countless budding entrepreneurs have developed the notion that crowdfunding is the answer to financing their new business. In truth, not that many businesses take off as the result... Read More

How Construction Businesses Can Benefit from Factoring

Factoring for construction companies can be difficult to arrange, simply because most factoring companies are aware that construction firms often deal with slow-paying clients. This does not favor an alternative lender, because it tends to fall outside the short-term loan... Read More

How to Be a More Productive Small Business Owner

How to be more productive is a challenge that faces every small business owner. The tasks that need to be accomplished always seem to overwhelm the available time. Here are some strategies from experts on how to be as productive... Read More